Archive for December, 2010

BAC and SIRI are way up in the pre-market. BAC is currently up 22 cents (or 1.83%), trading at $12.22 in the pre-market, and SIRI is up 9 cents (or 7.22%), trading at $1.41 in the pre-market. I could've sworn that I saw SIRI trading at $1.48 at one...

Bank of America (BAC) closed today at the $12 level. This is, in my opinion, a very important psychological turn in the trend of the stock, which, until this very moment, is still bearish. However, as I stated earlier today, closing at this level can make...

I bought some HOD's at $8.23 a piece last week. I thought it was a good price, until, of course, GS thought otherwise. As you may probably know, oil broke the $90 level in the span of a few days, thanks to GS's prediction of oil hitting $110 next year,...

December 8, 2010 | In: Financial

BAC Rebounding

Apparently, BAC is now rebounding, and is has broken the huge resistance located at the $12 level a few minutes ago. On a rather slow day, BAC is now up 44 cents (at $12.01), or nearly 4%. To put things into perspective, let's compare it to other...

December 7, 2010 | In: Technology

Is CSCO Rebounding?

CSCO had a very interesting day today. It was upgraded in the morning by Oppenheimer (an independent investment company). CSCO went up almost 2% (36 cents, highest intraday was $19.60) by the end of the day on lower than average volume. This means that he...

2 days ago I have written about BIOS, and how it was at a bargain price, yesterday the stock almost touched $4 (apparently there is strong support at this level), and today, the stock reversed the downward trend on 2 times the average volume and it went...

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